The company is reporting major financial problems and an uncertain future. Big questions loom ahead of the holiday shopping ...
Things are not looking good for iRobot. Although their robotic Roomba vacuums are basically a household name, the company has ...
Perhaps this feeling was intensified because the news arrived as I was finishing Joseph L. Jones' new book Dancing with ...
Should you buy a Roomba iRobot vacuum amid rumors of bankruptcy? Amazon has big deals on these popular vacuums that are hard ...
T hings continue to look bleak for the original robot vacuum maker. iRobot’s third-quarter results, released last week, show ...
Robot, the US company behind the Roomba robot vacuum, is facing severe financial trouble, raising further questions about the ...
Roomba maker iRobot can't find a buyer after an acquisition deal with Amazon fell through. Now, the company is in trouble. - David Paul Morris/Bloomberg via Getty Images Is this the beginning of the ...
The Bedford-based Roomba maker "has no sources upon which it can draw for additional capital," it acknowledged.
If it can't obtain capital, iRobot said it "may be forced to significantly curtail or cease operations and would likely seek bankruptcy protection." ...
The tech world is about to lose another independent hardware company with Amazon’s planned acquisition of iRobot, whose Roombas pioneered the robot vacuum business two decades ago. The deal is valued ...
Zooming in on the latest balance sheet data, we can see that iRobot had liabilities of US$332.1m due within 12 months and liabilities of US$61.1m due beyond that. Offsetting these obligations, it had ...